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As waves of anti-extradition-bill protests crested with a citywide strike that brought transportation chaos and gridlock to Hong Kong on Monday, the city's top financial official warned the local economy faces the gloomy prospect of a "technical recession".

As political protests continue in Hong Kong, the local insurance sector has taken a hit.

As the situation stood on Wednesday, Japan denies entry to people from 146 countries and regions, excluding those who will now benefit from the latest exemptions. Among those shut out are travelers from the United States, China and all European Union nations. Spouses of Japanese citizens who left Japan before April 3 also have clearance to return.

As the market cools, Gardner cautions against losing sight of the bigger picture of housing affordability. Even as price increases stagnate, the median home sale price remains unaffordable to most buyers.

As temperature rises, ozone pollution is also likely to increase, experts said.